Afristrat Investment Holdings Limited announced Notice that the Issuer shall: on 17 January 2022, being the relevant Redemption Date, redeem each of: the Series 2 Fixed Rate Notes issued by the Issuer on the Initial Issue Date, being 15 January 2019, in an amount of ZAR 16 913 000 under JSE Code ATIFX2; and the Series 3 Fixed Rate Notes issued by the Issuer on the Initial Issue Date, being 15 January 2019, in an amount of ZAR32 150 000 under JSE Code ATIFX3 (ISIN ZAE000288940) ("Series 3 Fixed Rate Notes"), which Series 2 Fixed Rate Notes and Series 3 Fixed Rate Notes (collectively referred to hereinafter as "Notes") were issued under the Issuer's ZAR 10 000 000 000 Domestic Medium Term Note Programme established in terms of a programme memorandum dated 21 August 2018 ("Programme Memorandum). Redemption Price per Note: Series 2 Fixed Rate Notes (ISIN ZAE000288924): 100% of initial Issue Price, being R100.00 per Note; Series 3 Fixed Rate Notes (ISIN ZAE000288940): 100% of initial Issue Price, being R100.00 per Note. on 17 January 2022, which New Fixed Rate Notes 8, and New Fixed Rate Notes 9 (collectively referred to hereinafter as "New Notes") will, in addition to new investors, be issued to those Holders of the Notes who wish to invest in the New Notes in lieu of receipt of the Redemption Amount. Accrued interest for the period 21 December 2021 to the close of business on 14 January 2022 (Day Count Fraction) will be paid on the Notes as follows: Interest at a rate of 10.00% per annum is payable in respect of the Series 2 Fixed Rate Notes. Interest at a rate of 12.00% per annum is payable in respect of the Series 3 Fixed Rate Notes.